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THE LOBBY A gathering place. Introductions, sports, showin' off your ride, birthday-anniversary-milestone, achievements, family oriented humor. |
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#1
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Dow record..
It broke the 16,000 mark earlier today!
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#2
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hold on tight
The market set lots of record highs just before the big crash in 1929.
This market is grossly overvalued and a "correction" is bound to happen. Keep your arms and legs securely inside the car, hold on tight and have fun. This may be a great, albeit bumpy ride! Might be expensive, too! |
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#3
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Be great if it was tied to reality.......
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frittering and wasting the hours in an off hand way.... 1969 GTO, 455ci, 230/236 Pontiac Dude's "Butcher Special" Comp hyd roller cam with Crower HIPPO solid roller lifters, Q-jet, Edelbrock P4B-QJ, Doug's headers, ported 6X-8 (97cc) heads, TKO600, 3.73 geared Eaton Tru-Trac 8.5", hydroboost, rear disc brakes......and my greatest mechanical feat....a new heater core. |
#4
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I never thought it'd sustain 14K.
Then again, gas was supposed to be over $5.00 a gallon by now, some predicted $8.00, unemployment was supposed to be at 10%, interest rates and inflation high, and the sky was supposed to fall...
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https://www.facebook.com/Outlaw-Vint...7899333725868/ |
#5
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It is falling, you just don't realize it yet.
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#6
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That's what is so great about the stock market, the crowd is always wrong.
You can make money with it going in any direction.
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John Wallace - johnta1 Pontiac Power RULES !!! www.wallaceracing.com Winner of Top Class at Pontiac Nationals, 2004 Cordova Winner of Quick 16 At Ames 2004 Pontiac Tripower Nats KRE's MR-1 - 1st 5 second Pontiac block ever! "Every man has a right to his own opinion, but no man has a right to be wrong in his facts." "People demand freedom of speech to make up for the freedom of thought which they avoid." Socrates |
#7
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Quote:
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69 OHC ZH Sprint Hurst 3 Speed 3:55 (1 of 213) 99 Valkyrie 1520cc Flat 6 108hp/110tq - For Sale http://sohcsix.yuku.com/forums/1/OHC-lounge Wanted: 1969 OHC "H" Camshaft |
#8
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The government only counts the ones taking payments and not the ones that have exhausted it. The rule is to double the liberal biased media government fed percentage numbers.
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69 OHC ZH Sprint Hurst 3 Speed 3:55 (1 of 213) 99 Valkyrie 1520cc Flat 6 108hp/110tq - For Sale http://sohcsix.yuku.com/forums/1/OHC-lounge Wanted: 1969 OHC "H" Camshaft |
#9
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Quote:
I assure you, the media in South carolina is anything but Liberal.
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https://www.facebook.com/Outlaw-Vint...7899333725868/ |
#10
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Just because the numbers are higher, doesn't mean the value is higher.
The massive amounts of QE and fed pumping has severely depleted the value of the dollar. The constant raising of the minimum wage has also added to this. What good is a $10 per hour min wage job if a gallon of milk is $6? Like anything else, those that will be hurt the most are the ones who can least afford to be hurt. This is where we are headed folks.
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The joker in the deck keeps sending me his card. Smiling friendly, he takes me in. Then breaks my back in a game I can't win. |
#11
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Quote:
Gregg |
#12
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Stock market=legalized gambling. Money to be made in it regardless of what it does!
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My money talks to me-it usually says goodbye! |
#13
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Dittos. Let the new Fed Reserve chief cut off the $85 BILLION "gravy train" and see exactly HOW SOON reality will set in.
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It takes considerable knowledge just to realize the extent of your own ignorance. Dr. Thomas Sowell |
#14
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Let us NOT forget a certain, multi-BILLION dollar boondoggle was supposed to keep unemployment UNDER 8%. Looked at the U6 numbers lately? That's the REAL unemployment statistic.
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It takes considerable knowledge just to realize the extent of your own ignorance. Dr. Thomas Sowell |
#15
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U.S. Bureau of Labor Statistics
SC is 8.1% US is 7.3% Those are the Offical numbers as of August, whether they fit your agenda or not.
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https://www.facebook.com/Outlaw-Vint...7899333725868/ |
#16
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For every person that says "the sky is falling", another says "it's time to buy." What I've found is that bloggers, financial analysts, and TV financial gurus are right 50% of the time. They're like a weatherman.
And whenever an analyst says that a certain stock is "hot", chances are they themselves bought thousands of shares, and now they're on TV, or writing a blog, telling everyone to buy, buy, buy. That's because they want to make money. When when they sell it off, they tell others to sell, sell, sell, because they don't want that stock to rise. It makes them feel good knowing they made the right decision. The TRUTH is that NO ONE knows what's going to happen. Not your financial analyst, not a blogger, NO ONE. And when people are right, they gloat. When they're wrong, they go quiet. The market rises and falls, but over the past 5 years, it's done pretty well.
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1959-1980 Pontiac Window Sticker Reproductions : http://www.pontiacwindowstickers.com My Bio: I am currently writing articles for POCI's Smoke Signals magazine and enjoy promoting and discussing the history of the Pontiac Motor Division. |
#17
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Unemployed and underemployed is over 15%.
47 million receiving government aid. Millions out of work for more than 1 year. So I guess the market is good for some, but not most. The market is rigged for those who can manipulate it for their gain. |
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#18
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As always, Wall Street wins, Main Street looses.
There's a correction coming...not just on Wall Street but more importantly in the Federal Government. The Caribbean & Central America is looking awfully nice. Sell everything here before the fall & live like a king!
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Some guys they just give up living And start dying little by little, piece by piece, Some guys come home from work and wash up, And go racin' in the street. Bruce Springsteen - Racing In The Street - 1978 |
#19
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Quote:
Call, Put, call put, crash.....
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"The Future Belongs to those who are STILL Willing to get their Hands Dirty" .. my Grandfather |
#20
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They do not include people on extended benefits or those that ran out of unemployment; they assume those people found jobs. So how are they official with two big pieces of the pie are left out ? In plain English those numbers are skewed.You can get any number that suits your agenda if you leave enough pieces of data out; if your thinking is that narrow that you can leave a bunch of data out and still obtain accurate numbers you wouldn't last 15 minutes in a statistics 101 class.
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Two 1975 455 Grandvilles & '79 455 Trans Am 69 Camaro SS 396/375 (owned since 88) 22 Toyota Sequoia V8 23 Lexus LS500 awd 95 Ford F-super duty 4wd 7.3 p-stroke & countless Jeeps & off road vehicles. |
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